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(SAROJA_SM) Saroja Pharma complete technical analysis [charts+indicators] | Buy/Sell Saroja Pharma | (SAROJA_SM) share price targets

Complete technical analysis of Saroja Pharma (SAROJA_SM) by charts plus indicators, forecast predictions and share price targets for Saroja Pharma (SAROJA_SM)

Showing technical analysis as on 2024-06-19 View latest technical analysis

10 day averaged volume of Saroja Pharma is 6720

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	40.15	41.90	42.00	40.15	0.952 times
18 Tue Jun 2024	42.00	44.05	44.05	42.00	0.714 times
14 Fri Jun 2024	44.95	43.75	44.95	43.75	0.476 times
13 Thu Jun 2024	43.85	37.00	43.85	37.00	2.143 times
11 Tue Jun 2024	43.95	45.80	45.80	42.10	1.19 times
10 Mon Jun 2024	40.20	40.20	40.20	40.20	0.238 times
07 Fri Jun 2024	41.00	33.10	41.00	33.10	1.905 times
06 Thu Jun 2024	40.20	40.15	40.20	40.15	0.476 times
05 Wed Jun 2024	40.00	40.00	40.00	40.00	0.476 times
04 Tue Jun 2024	40.95	42.95	43.00	40.95	0.714 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.6, but if it comes above 40.6, then a intra day buy could be more profitable.
If you take a sell trade below 40.6, then use 40.6 as stoploss and 38.2 as target. However if you take a buy trade in stock , then use 40.6 as stoploss and 42.72 as target.

Share price targets for Saroja Pharma (SAROJA_SM)

Target Type	Value
Downside Target	33.10
Downside Target	35.00
Downside Target	36.30
Downside Target	40.15
Upside Target	43.70
Upside Target	45.00
Upside Target	46.05
Upside Target	46.45
Upside Target	47.25
Upside Target	48.30
Upside Target	49.00
Upside Target	53.10

Intraday share price targets for Saroja Pharma (SAROJA_SM)

Target Type	Value
Downside Intraday Target	38.85
Downside Intraday Target	37.55
Upside Intraday Target	42.75
Upside Intraday Target	45.35
Upside Intraday Target	41.45

Weekly technical analysis of Saroja Pharma (SAROJA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	40.15	44.05	44.05	40.15	0.412 times
14 Fri Jun 2024	44.95	40.20	45.80	37.00	0.773 times
07 Fri Jun 2024	41.00	48.30	48.30	33.10	1.294 times
31 Fri May 2024	41.00	43.00	46.00	36.30	5.667 times
23 Thu May 2024	43.70	45.00	45.00	43.70	0.273 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Saroja Pharma (SAROJA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	40.15	48.30	48.30	33.10	1.122 times
31 Fri May 2024	41.00	46.40	49.00	36.30	1.323 times
30 Tue Apr 2024	46.45	36.40	46.45	36.40	0.242 times
28 Thu Mar 2024	35.10	46.50	47.25	35.00	4.414 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Saroja Pharma (SAROJA_SM)

Price action analysis of Saroja Pharma ( (SAROJA_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Saroja Pharma ( (SAROJA_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Saroja Pharma ( (SAROJA_SM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Saroja Pharma ( (SAROJA_SM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Saroja Pharma stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Saroja Pharma in short term but the buy signal is initial and weak.

Saroja Pharma Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Saroja Pharma in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Saroja Pharma is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.11 and Saroja Pharma (SAROJA_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Saroja Pharma (SAROJA_SM) stock. Volume based technical analysis of Saroja Pharma (SAROJA_SM) stock is negative.

Saroja Pharma Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.